enabling Americans to borrow the money they want to buy homes

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meramli

Senior Member
turkish
BBC US plans housing reform

But they lost money heavily as the housing market crashed and were rescued by the government. They were private companies, but all along the financial markets assumed they would be rescued if they got into trouble and that was a factor in the housing market bubble that led to the crisis - the decisive factor, according to some of their critics.
Now President Obama's Treasury Secretary, Tim Geithner,has two objectives that are not easily reconciled:enabling Americans to borrow the money they want to buy homes,without risking a need for future taxpayer rescues.

It seems complex, Can you explain the parts of this expression?
 
  • samuelito.mcf

    Senior Member
    English- United States
    enabling Americans (giving them the ability) to borrow (get a loan for) the money that they want to use to buy homes. I hope that helps? What exactly don't you understand about it?
     
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